With the implementation of pension changes for retired federal government employees, Pakistan has met another requirement stipulated by the International Monetary Fund (IMF).
In this context, the Ministry of Finance has released two notices.
The proposed regulations will provide retired workers with a pension equal to their average wage during the previous 24 months.
Every year, the pension will be raised in accordance with the average earnings.
The double pension arrangement has also been eliminated. A retired employee can only get their pay or pension if they return to work for any organization; they cannot get both.
Moreover, eligibility for pensions has been made clear in situations where the husband and wife are both employed by the federal government.
